GlobalPumpkin Powder Market: Overview
Pumpkinpowder is obtained from pumpkin, which has been dried and grounded. It is agood source of organic fibers, vitamins, potassium, and other beneficialingredients like proteins, carbohydrates, carotenes, pectin, magnesium, ironand many others that are needed for healthy functioning of the body. It isalso known to have beneficial impact on digestive system. Other advantagesinclude regulation of body fat and blood sugar. This is particularly quiteuseful for people with diabetes, since it stimulates insulin secretion andutilization. Additionally, it detoxifies blood and boosts immune system.
Owing toall these nutritional benefits, it is a widely used as a natural healthadditive. The powder can be used in functional foods and beverages, which arewitnessing massive increase in demand, as a food grade additive and enhancer.Additionally, it can also be used for advanced cosmetics as a special additiveand as a pharmaceutical raw material.
The globalpumpkin powder market is set to witness notable growth and significantimprovement in market worth over the forecast period of 2020 to 2030.Additionally, the landscape is set to proffer new and attractive growthopportunities, notes Transparency Market Research.
Global Pumpkin Powder Market: Competitive Landscape
The globalpumpkin powder market is competitive and the landscape for this product isfragmented. Players make use of a number of growth strategies. The organic andinorganic mix of these is quite interesting to note. A major goal of thesemeasures is to increase claim on market share and improve production capacity.Few of the most prominent names of players that drive it forward are:
· AUM AGRI FREEZE FOODS
· Arisun Chempharm Co., Ltd.
· Cedenco Foods
· Nutragreenlife Biotechnology Co. Ltd.
· Linwoods
· Woodland Foods
· Yuensun Biological Technology Co., Ltd.
· SpicesForLess
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GlobalPumpkin Powder Market: Key Trends and Drivers
· Global consumers are increasingly interested in living awholesome lifestyle. This is a major factor leading to demand for healthfulfoods. Also, consumers have become more conscious about their organic andplant-based foods. Veganism, for instance is major propeller of growth indemand for such products
· The millennial populace is immersed in fitness trends and oftenopts for products that improve well-being. This includes organic foods andhealthful supplements. A holistic lifestyle also involves following a specialdiet and that is set to fuel demand for pumpkin powder. Therefore, it does notcome as a surprise that functional foods are in high demand. These use theproduct in good quantities, generating demand in the market. Growing demand fordietary supplements is also creating notable demand for the product. This isalso true of pharmaceutical companies and personal care productmanufacturers.
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Global Pumpkin Powder Market: Regional Analysis
As of2015, about 14% of the total fruits and vegetables sold in the US were organic.Indicated from the above statistical information is the fact that there is anincreased awareness and demand among the American population about organicproducts. This spells good news for the regional pumpkin powder market as morepeople demand products that are good for their health and well-being. Hence,North America dominates and will continue to dominate the global pumpkin powdermarket over the forecast period of the upcoming market report, prepared byTransparency Market Research.
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